ITM Trading, Released on 7/12/24

“So now all they want is control, saying, ‘I own you because you have to pay me interest. And when you can’t pay interest, what happens? They take over the property,'” warns David Morgan, founder of The Morgan Report. He emphasizes that we don’t have much time left to address these issues. However, he expresses his optimism about the silver market. “Silver’s not at an all-time high, but it’s at an 11-year high or close to it,” says Morgan. He explains to Daniela Cambone that strong monetary demand for silver, combined with steady or increasing industrial demand, could lead to a situation where both forces compete for the same supply, potentially driving prices higher. “Around 60% of the silver market is driven by industrial demand, especially in areas like solar energy and electric vehicles. As currency wars and financial instability continue, the monetary demand for silver could increase significantly.”

00:00 Silver beats copper and S&P 500
4:30 Silver market share
8:07 Paper v.s. physical silver
12:44 Gold
15:18 Japan became currency manipulator
17:06 BRICs
18:57 Debt
21:19 Economic reality

David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.

  dollar, economy, gold, silver